Aloha continues to bleed

Aloha Airlines yesterday confirmed press reports of a $15.1 million loss in the third quarter, widened from a $9.9 million deficit in the year-ago period. The carrier now has suffered a loss in each of the past 16 quarters, the Honolulu Star-Bulletin calculated. Third-quarter revenue rose 4.6% to $104.4 million, but higher fuel prices and lower fares continued to plague Aloha, according to President and CEO David Banmiller. Expenses climbed 5.1% to $116.1 million and operating loss deepened ...

The Civil Aviation Authority of Singapore (CAAS) and FAA signed a revised version of their Bilateral Aviation Safety Agreement-Implementation Procedures for Airworthiness (BASA-IPA) on the sidelines of the Singapore Air Show this week....More

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